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Wholesaling
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Updated almost 11 years ago on . Most recent reply

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62
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Mike Chubb
  • River Grove, IL
0
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62
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Can i wholesale a property that has been sold in a tax sale?

Mike Chubb
  • River Grove, IL
Posted

hello my name is mike i have been watching a property for some time now and just heard about wholesaling here are some of the details

iam in illinois, the property is in cook county illinois the owner is in jail for 25 years he has someone as his power of attorney he property has been vacant and is in my opinion a knockdown its terrible the taxes were sold to a tax buyer in 2010 and then sold in 2011, 2012 and 2013 have not been paid there is a lein from the village for 1500 i contacted the owner in prison via letter im sure he will sell to me for really any amount my question is how can i make this a good deal? is it worth the time? can it be done?

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